Cheffelo AB (publ) (OSTO:CHEF) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2024)

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What is Cheffelo AB (publ) LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Cheffelo AB (publ)'s long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.13.

Cheffelo AB (publ)'s long-term debt to total assets ratio declined from Mar. 2023 (0.16) to Mar. 2024 (0.13). It may suggest that Cheffelo AB (publ) is progressively becoming less dependent on debt to grow their business.

Cheffelo AB (publ) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cheffelo AB (publ)'s LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cheffelo AB (publ) LT-Debt-to-Total-Asset Chart

Cheffelo AB (publ) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.29

0.28

0.10

0.16

0.14

Cheffelo AB (publ) Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.16	0.15	0.14	0.14	0.13

Cheffelo AB (publ) LT-Debt-to-Total-Asset Calculation

Cheffelo AB (publ)'s Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	103.039	/	760.918
	=	0.14

Cheffelo AB (publ)'s Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	99.874	/	786.948
	=	0.13

Cheffelo AB (publ) (OSTO:CHEF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Cheffelo AB (publ) LT-Debt-to-Total-Asset Related Terms

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Cheffelo AB (publ) (OSTO:CHEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Cheffelo AB (publ) (OSTO:CHEF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lofstroms Alle 5, Sundbyberg, Stockholm, SWE, 172 66

Website

https://www.cheffelo.com

Cheffelo AB (publ) is simplifying everyday life by offering a large variety of inspiring meals delivered directly to the customer's front door. The Group is a supplier of meal kits in the Nordic region and considers itself a leader in Scandinavian food tech. The Group operates in Sweden, Norway and Denmark under the brands Linas Matkasse, Godtlevert, Adams Matkasse and RetNemt.